There are many brokerage firms on the market today and most of them do not stand the test of time. It's worth knowing what to look for to avoid companies that don't provide adequate protection for your funds. This is not the case with Fortissio, a regulated broker.
First, make sure you are dealing with a trustworthy and secure company. Check when the company entered the market, if it has a license and if it is subject to adequate regulations. The broker should keep the investor funds in segregated accounts and ensure the protection of the funds even in the event of the insolvency of the company.
Fortissio broker information
One of the least secure companies on the market is Fortissio. The broker has been in operation for several years already and claims to be regulated by the relevant EU committees.
If you are looking for a proven company, Fortissio might be the one for you, as it is regulated, which is good for newbies and experienced traders.
Is Fortissio registered and regulated?
Fortissio (www.fortissio.com) is a trademark of Vie Finance AEPEY, SA (the "Company"), a registered Greek investment company, duly authorized and regulated by the Hellenic Capital Market Commission ("HCMC").
The broker also provides additional protection by being a member of the Guarantee Fund which covers investor complaints and compensation arising from its investment services. This is shown in the online broker's SLA document.
Hellenic investment firms are required to meet certain requirements, such as reporting transactions to the commission, keeping client funds in segregated accounts and all other rules set out in European directives and regulations.
Additionally, all HCMC regulated companies are members of the Investor Compensation Fund, which is able to pay compensation of up to € 30.000 per person if the company ceases trading or becomes insolvent.
Account information and minimum deposit required
The great advantage, so to speak, of Fortissio's offer is that you will have access to most of the services after creating an account. The deposit in this case is only € 200. A new trader has access to 10 secure transactions, so he can easily take his first steps into the world of investing.
Free training courses and ebooks will help you deepen your knowledge. The Fortissio platform is a self-trading platform and their company does not interfere with the platform under any circumstances.
Fortissio has an offer for traders willing to take greater risks in exchange for preferential terms. Professional accounts have been created for these investors. If you are ready to forgo some of your collateral (and probably your funds as well), you have the option to trade with higher leverage and a 0% margin close.
To achieve these conditions, you must have adequate knowledge and experience and demonstrate that you are prepared to take high risks. If you meet at least two of the conditions dictated by the site, you can apply through the platform or fill out a dedicated form that can be found on the website.
It is very simple and safe to create an account with Bitcoin Bank. All you need to do is follow these steps:
The platform used for trading
The company claims to offer an advanced and easy-to-use platform. Also, you can use it via computer or mobile device. The advanced sync technology will allow you to efficiently switch accounts between different devices. The advantage is that you don't have to download the software or update it. All you need is internet access.
The Fortissio team seems to have taken care of the graphics in the smallest details. Thanks to this, you can easily read graphs and other data, no matter what device you use.
Do they offer a bonus to traders who sign up?
Fortissio does not offer any bonuses or promotional schemes at the time of writing this review.
However, if they did, it looks like they could get a better portion of customers.
No trading information available
Investing alone is possible, but not profitable or at least this is what Fortissio wants us to believe. Currently, there are many interesting trading tools that greatly improve the investor's work, such as Bitcoin Bank.
Searching for and analyzing financial news yourself would take too long. If you decide to partner with Fortissio, you can count on daily financial news and charts. Data on currency pairs and other tools will help you decide when to trade at the right time.
One of the most interesting services is SMS. Thanks to it, investors keep the pulse of the situation. Receive the economic calendar and information from the world of finance every day. This will allow you to predict possible price changes.
What do regulators say about the broker?
Fortissio offers a lot in the way of account choice, but there isn't a huge difference between them. They follow ESMA's recommendations, so the leverage for retail clients is very low compared to other brokers who don't.
Spreads are also high, starting at 3 pips, as they are variable when there is volatility in the markets and it can get very expensive to trade. There are also many ways to deposit and withdraw at no additional cost.
You now have all the information you need from Fortissio. In case this isn't the right broker for you, you can go to the website of Bitcoin Bank and start trading by clicking the button below.
Is Fortissio reliable?
Fortissio is a regulated broker, like its sister TaoTrade. This is the same company that has created two different sites to offer many services to as many people as possible.
Are there brokers similar to Fortissio?
Bitcoin Bank it is similar, but regulated and authorized. This means that you will have no problem withdrawing your funds once you have earned money with online trading.
Is Fortissio the best broker to choose?
It's all a matter of perspective. If you find the right broker for you, you should stick with it until you can make as much money as possible.